NOVEN PHARMACEUTICALS INC 4
4 · NOVEN PHARMACEUTICALS INC · Filed Jan 3, 2008
Insider Transaction Report
Form 4
STRAUSS ROBERT C
DirectorPresident, CEO & Chairman
Transactions
- Award
Restricted Stock Units
2008-01-02+50,000→ 50,000 total→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Noven common stock.
- [F2]The restricted stock units vest two years from January 10, 2008, subject to non-violation of certain non-competition, non-solicitation and confidentiality agreements. Shares are to be delivered within 10 days of vesting.